Flat Tax is spreading because it works. Regardless of any theoretical
objection, it achieves the desired results. With the addition this year
of Romania and Georgia, there are now 11 countries using the system,
with many more studying the idea very closely.
So what is it? In place of the various tax bands, exemptions and
allowances that feature in a progressive tax regime, flat tax replaces
them with a single rate. Typically, it excludes low earners from paying
any income tax at all and sweeps away the tax allowances that made the
graduated system so complex.
There has been a wide range of support for a cut in regulation in the EU. It has a major impact on British citizens and Business. The question is how would we go about this deregulation? Keith Boyfield gives a step-by-step solution to this problem and argues that it will be a great thing for all involved with the EU.
What would Britain be like if Dr Eamonn Butler was Chancellor? In this piece, we are given a taste of what would be in store if this did happen. Rather than a full time job, he has limited himself to one day as Chancellor and explains how he would go about changing Britain for the better.
This report, A Flat Tax for the UK – A Practical Reality, calls for income tax to be simplified into a flat rate tax of 22%. Under the proposal, there would be a tax-free personal allowance of £12,000.
As the report says, the concept of a flat tax, a simple tax system that charges a single rate of tax on all income, is growing in popularity. It contrasts clearly with the current systems operated in most countries, with different tax rates depending on the level and type of income or on the personal circumstances of the individual taxpayer.
Dr Eamonn Butler explains the concept of Tax Freedom Day and explains why it is getting later and later. He looks at where this money goes and why some of it is in useless hands.
Dr Eamonn Butler investigates whether recycling certain materials is actually worth the effort. If one looks in closer detail of how these materials are actually created, they may be just as, if not more harmful, to the environment than the materials we have substituted.
Keith Boyfield picks up on the subject of regulation and how much the EU law is to blame for the significant legislation on British business. However, he explains why there is reason for optimism and how things could change for the better in terms of pulling back on excessive regulation.
In a question and answer format, Samuel Nguyen provides a case for a flat tax rate. He argues that it will not be as good for the rich as people think, but he feels the tax rate will be so much lower that the rich will actually pay it. Thus, he points out, the Government should have more to spend. He also looks in to whether this is the kind of policy Europe would want to advocate and answers confidently that this is the way forward.
Rail's woes are due to bureaucracy, not privatization. It's time for the government to release the railway from its over burdening grip. A grip entrenched in regulation that has far too many officials, or any proper functionality. Iain Murray, the author, says that for the railways to work, "the train operation companies must be given more control, and have a major say in how station and track improvements are managed. This will lead to more customer-driven investment decisions," he insists, "providing in turn much more of what train users actually want."
The UK's e-government strategy is fragmented and producer driven , says Andrew Lomas, and will never deliver its full benefits to the public. By contract, tiny Estonia has re-thought its government systems around the new technology – resulting in much higher online access to government and great public satisfaction.